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  • Searchlight CST, L.P. v. MediaMath Holdings, Inc.

    Publication Date: 2020-10-14
    Practice Area: Contracts
    Industry: Advertising | Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Eric D. Schwartz, Thomas W. Briggs, Jr., Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Eric D. Winston, Kristen Bird, Bennett Murphy, Quinn Emanuel Urquhart & Sullivan LLP, Los Angeles, CA for plaintiff.
    for defendant: Richard I.G. Jones, Jr., Michael W. McDermott, David B. Anthony, Peter C. McGivney, Berger Harris LLP, Wilmington, DE; David H. Wollmuth, R. Scott Thompson, Brad J. Axelrod, Joshua M. Slocum, John R. Hein, Wollmuth Maher & Deutsch LLP, New York, NY for defendant.
    Case Number: D69156

    Under the unambiguous terms of the parties' agreement, defendant did not need plaintiff's consent to enter into a new loan transaction.

  • The Republican State Comm. of Delaware v. State of Delaware, Dep't of Elections

    Publication Date: 2020-10-14
    Practice Area: Election and Political Law
    Industry: State and Local Government
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Julia B. Klein, Klein LLC, Wilmington, DE for plaintiffs.
    for defendant: Kathleen M. Jennings, Aaron R. Goldstein, Ilona M. Kirshon, Allison J. McCowan, Frank N. Broujos, Delaware Dep’t of Justice, Wilmington, DE; Max B. Walton, Matthew F. Boyer, Trisha W. Hall, Connoly Gallagher LLP, Wilmington, DE for defendants.
    Case Number: D69154

    The general assembly's enactment of the Vote by Mail Statute complied with constitutional requirements, so plaintiffs were not entitled to injunctive relief.

  • Lowry v. Irish

    Publication Date: 2020-10-07
    Practice Area: Real Estate
    Industry:
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Stephen W. Spence, Stephen A. Spence, Baird Mandalas Brockstedt, LLC, Lewes, DE for petitioner.
    for defendant: Eugene H. Bayard, R. Eric Hacker, Ross C. Karsnitz, Morris James LLP, Georgetown, DE for respondents.
    Case Number: D69144

    Contractual waiver of the statutory right of partition was unenforceable where original signatories failed to limit the duration of the waiver, such that it constituted an unreasonable restraint on alienation.

  • Nuvasive, Inc. v. Miles

    Publication Date: 2020-09-16
    Practice Area: Business Torts
    Industry: Health Care | Manufacturing
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Aaron P. Sayers, McDermott Will & Emery LLP, Wilmington, DE; Rachel B. Cowen, Michael J. Sheehan, J. Christian Nemeth and Emory D. Moore, Jr., McDermott Will & Emery LLP, Chicago, IL; Christopher W. Cardwell, Gullet, Sanford, Robinson & Martin, PLLC, Nashville, TN for plaintiff.
    for defendant: Philip A. Rovner and Jonathan A. Choa, Potter Anderson & Corroon LLP, Wilmington, DE; Frank Earley, Mintz Levin Cohn Ferris Glovsky & Popeo, P.C., New York, NY; Micha Danzig, Eric J. Eastham and Paul M. Huston, Mintz Levin Cohn Ferris Glovsky & Popeo, P.C., San Diego, CA for defendant.
    Case Number: D69122

    Plaintiff adequately stated claims for tortious interference with contractual relations and for violations of state unfair trade practices law, but the court granted defendants' motion to dismiss the remainder of the claims.

  • In re USG Corp. Stockholder Litig.

    Publication Date: 2020-09-16
    Practice Area: Mergers and Acquisitions
    Industry: Construction | Distribution and Wholesale | Manufacturing
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Blake A. Bennett, Cooch & Taylor, P.A., Wilmington, DE; Michael J. Palestina, Kahn Swick & Foti, LLC, New Orleans, LA; Juan E. Monteverde and Miles D. Schreiner, Monteverde & Assoc., New York, NY for plaintiffs.
    for defendant: Raymond J. Dicamillo, Srinivas M. Raju, Robert L. Burns, Matthew D. Perri and Angela Lam, Richards, Layton & Finger, P.A., Wilmington, DE; Robert S. Faxon, Andrienne F. Mueller and Robert E. Johnson, Jones Day, Cleveland, OH for defendants.
    Case Number: D69121

    Stockholders stated facts which indicated that they were not fully informed when they approved a deal for the sale of the company, but they failed to adequately allege that the company's directors acted with scienter.

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  • Teamsters Local 443 Health Serv. & Ins. Plan v. Chou

    Publication Date: 2020-09-09
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Pharmaceuticals
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Ned Weinberger, Mark D. Richardson and David MacIsaac, Labaton Sucharow LLP, Wilmington, DE and New York, NY; Christine M. Mackintosh and Rebecca Musarra, Grant & Eisenhofer P.A., Wilmington, DE; David Wales and Christopher J. Orrico, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Frank Schirripa, Hach Rose Schirripa & Cheverie LLP, New York, NY; Nathaniel L. Orenstein and Nicole Lavallee, Berman Tabacco, Boston, MA and San Francisco, CA for plaintiffs.
    for defendant: Stephen C. Norman, Jennifer C. Wasson and Tyler J. Leavengood, Potter Anderson & Corroon LLP, Wilmington, DE; Michael D. Blanchard, Andrew M. Buttaro and Amelia Pennington, Morgan, Lewis & Bockius LLP, Boston, MA for defendants and nominal defendant.
    Case Number: D69115

    Demand was futile in this derivative action, and plaintiffs had alleged sufficient facts to support their claims for oversight liability.

  • In re MetLife, Inc. Derivative Litig.

    Publication Date: 2020-09-02
    Practice Area: Corporate Governance
    Industry: Insurance
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Kurt M. Heyman and Gillian L. Andrews, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Gustavo F. Bruckner and Samuel J. Adams, Pomerantz LLP, New York, NY; Blake A. Bennett, Cooch and Taylor, P.A., Wilmington, DE; Lee Squitieri, Squitieri & Fearon, LLP, New York, NY; James S. Notis and Jennifer Sarnelli, Gardy & Notis, LLP, New York, NY for plaintiffs.
    for defendant: Raymond J. DiCamillo and Brian S. Yu, Richards, Layton & Finger, P.A., Wilmington, DE; Maeve O’Connor, Elliot Greenfield, Michael W. Gramer and Catherine Walsh, Debevoise & Plimpton LLP, New York, NY for defendants and nominal defendant.
    Case Number: D69106

    Plaintiffs failed to demonstrate demand futility in this action for breach of fiduciary duty, so the court granted defendants' motion to dismiss.

  • Manti Holdings, LLC v. Authentix Acquisition Co., Inc.

    Publication Date: 2020-08-26
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: John L. Reed, Peter H. Kyle and Kelly L. Freund, DLA Piper LLP, Wilmington, DE for petitioners.
    for defendant: Samuel A. Nolen, Richards, Layton & Finger, P.A., Wilmington, DE; Andrew Hammond and Michelle Letourneau-Belock, White & Case LLP, New York, NY for respondent.
    Case Number: D69099

    Company was entitled to an award of attorney fees in this statutory appraisal action, and the court awarded petitioners interest from the date of the merger on the consideration for their shares.

  • Nieves v. Insight Bldg. Co., LLC

    Publication Date: 2020-08-19
    Practice Area: Real Estate
    Industry: Construction
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Julia B. Klein, Klein, LLC, Wilmington, DE for plaintiffs.
    for defendant: Curtis J. Crowther and William E. Gamgort, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Nicholas G. Kondraschow and William J. Rhodunda, Jr., Rhodunda, Williams & Kondraschow, Wilmington, DE for defendants.
    Case Number: D69090

    The court dismissed plaintiffs' claims for breach of fiduciary duty and piercing the corporate veil, but it deferred ruling on the motion to dismiss claims involving injunctive relief.

  • In re Oracle Corp. Derivative Litig.

    Publication Date: 2020-08-05
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Software
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris, Christopher P. Quinn and Bradley P. Lehman, Friedlander & Gorris, P.A., Wilmington, DE; Randall J. Baron, David A. Knotts and Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, San Diego, CA and Nashville, TN; Brian J. Robbins, Stephen J. Oddo and Gregory Del Gaizo, Robbins LLP, San Diego, CA for plaintiff.
    for defendant: Kevin R. Shannon, Berton W. Ashman, Jr. and David A. Seal, Potter Anderson & Corroon LLP, Wilmington, DE; Arthur H. Aufses, Jonathan M. Wagner and Jason M. Moff, Kramer Levin Naftalis & Frankel LLP, New York, NY for Oracle Corp. special litigation committee. Elena C. Norman and Richard J. Thomas, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Peter A. Wald and Blair Connelly, Latham & Watkins LLP, San Francisco, CA and New York, NY for defendants Ellison and Catz. Kenneth J. Nachbar, John P. DiTomo and Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Sara B. Brody, Jaime A. Bartlett and Matthew J. Dolan, Sidley Austin LLP, San Francisco, CA and Palo Alto, CA for defendants Henley, James and Hurd. Thomas A. Beck, Blake Rohrbacher, Susan M. Hannigan, Matthew D. Perri and Daniel E. Kaprow, Richards, Layton & Finger, P.A., Wilmington, DE for Oracle Corp.
    Case Number: D69057

    The court denied plaintiff's motion to compel because the documents sought were protected as work product and the op-posing party had not waived the privilege.